Atrium Mortgage Investment Co. (TSE:AI) Declares $0.08 Monthly Dividend

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Atrium Mortgage Investment Co. (TSE:AI - Get Free Report) announced a monthly dividend on Thursday, May 2nd, Zacks reports. Stockholders of record on Friday, May 31st will be paid a dividend of 0.075 per share on Wednesday, June 12th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.08%. The ex-dividend date of this dividend is Friday, May 31st.

Atrium Mortgage Investment Price Performance

Shares of AI stock traded up C$0.12 during trading hours on Friday, reaching C$11.14. The stock had a trading volume of 16,549 shares, compared to its average volume of 31,906. The stock's fifty day simple moving average is C$11.29 and its 200 day simple moving average is C$10.86. The company has a current ratio of 41.61, a quick ratio of 102.54 and a debt-to-equity ratio of 77.81. The firm has a market capitalization of C$490.72 million, a PE ratio of 9.77 and a beta of 1.21. Atrium Mortgage Investment has a 12 month low of C$9.76 and a 12 month high of C$11.88.

Atrium Mortgage Investment (TSE:AI - Get Free Report) last announced its quarterly earnings results on Thursday, February 15th. The company reported C$0.26 EPS for the quarter. The firm had revenue of C$25.91 million during the quarter. Atrium Mortgage Investment had a net margin of 83.38% and a return on equity of 10.75%. On average, equities research analysts predict that Atrium Mortgage Investment will post 1.1501502 EPS for the current year.


Analyst Ratings Changes

Several equities analysts recently commented on the company. Fundamental Research set a C$13.42 target price on Atrium Mortgage Investment and gave the stock a "buy" rating in a research report on Wednesday, February 21st. Laurentian cut shares of Atrium Mortgage Investment from a "buy" rating to a "hold" rating and set a C$13.00 price objective on the stock. in a research report on Monday, January 22nd.

Get Our Latest Research Report on Atrium Mortgage Investment

Atrium Mortgage Investment Company Profile

(Get Free Report)

Atrium Mortgage Investment Corporation, a mortgage lender, provides residential and commercial mortgages services in Canada. It offers various types of mortgage loans, such as land and development financing, construction and mezzanine financing, and commercial term and bridge financing services for residential, multi-residential, and commercial real properties.

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Dividend History for Atrium Mortgage Investment (TSE:AI)

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